I am buying a garden flat in Thames Ditton. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Thames Ditton you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Thames Ditton.
Does a directory service exist listing RBS panel conveyancers in Thames Ditton on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association sites. Very few lending institutions make their panel listings open the public on the web. Where you are looking for a Thames Ditton conveyancing practitioner on the RBS please make the most of our tool.
I have decided to exercise my right to buy my property in Thames Ditton off the council. I have a mortgage agreed with Lloyds. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Lloyds, you will need to appoint a solicitor on the Lloyds conveyancing panel.
I was told two weeks ago that my mortgage has been agreed to by Yorkshire BS. Is it usual for Yorkshire BS to only issue the offer once my solicitor in Thames Ditton is approved on their conveyancing panel? Yorkshire BS have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Yorkshire BS to deal with your lawyer's application to be on the Yorkshire BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
I've recently found out that there is a flying freehold element on a house I put an offer in a fortnight ago in what should have been a simple, no chain conveyancing. Thames Ditton is the location of the property. Is there any guidance you can give?
Flying freeholds in Thames Ditton are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Thames Ditton you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Thames Ditton may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
How do I use the search facility to locate a conveyancing lawyer in Thames Ditton on the approved list for my bank?
1st select a bank such as Accord Mortgages Ltd, Coventry Building Society or Nottingham Building Society then type in your location for example Thames Ditton. Conveyancing organisations in Thames Ditton and nationally should be listed.
Is it best to use a Thames Ditton conveyancing solicitor who is local to the property I am buying? An old friend can deal with the conveyancing but her office is over three hundred miles drive away.
The benefit of a local Thames Ditton conveyancing practice is that you can attend the office to execute documents, present your ID and pester them where appropriate. They will also have local insight which is a plus. That being said nothing is more important than finding someone that will pull out all the stops for you. If if people you trust used your friend and they were content that must surpass using an unfamiliar Thames Ditton conveyancing lawyer just because they are round the corner.
Why is it not possible to complete our conveyancing in Thames Ditton on Easter Monday?
This is due to the fact that on completion the funds needs to pass between the banks of the buyer and owner’s conveyancer and at present this can only occur on a business day. So you can't complete on a saturday or sunday either.